W. P. Carey Names Jeffrey Lefleur Executive Director
NEW YORK, NY – June 11, 2007 – W. P. Carey & Co. LLC (NYSE:WPC), a leading real estate investment firm and lessor of net leased corporate properties, has announced the appointment of Jeffrey Lefleur as Executive Director.
Since joining the International Investment team at its founding in 2003, Mr. Lefleur has closed nearly $1 billion in commercial real estate deals on behalf of W. P. Carey and played a key role in closing the Company's first deals in Canada, Finland, Germany, the Netherlands, Sweden and Thailand. Mr. Lefleur remains focused on the international growth of the Company and is actively developing its new business in Western Europe today.
“Jeff is a highly talented individual who has made major contributions to the development of W. P. Carey’s global initiatives and we are very fortunate to have him as a member of our International Investment Team,” said Chairman Wm. Polk Carey. “I offer him my warmest congratulations on his recent promotion.”
Mr. Lefleur joined W. P. Carey as an analyst in its Treasury department in 2000, where he assisted in the due diligence and financial modeling required to complete the merger and creation of W. P. Carey & Co. LLC. A graduate of New York University's Stern School of Business with a double major in Finance and Accounting, Mr. Lefleur is a specialist in the financial modeling of complicated foreign investments. He is also a Treasurer for the W. P. Carey Foundation.
W. P. Carey & Co. LLC
Founded in 1973, W. P. Carey & Co. LLC is a leading global real estate investment firm. The Company provides asset management services to its CPA® series of income generating real estate funds. With over $5 billion in equity capital, the W. P. Carey Group is one of the largest providers of net lease financing for corporations worldwide. The Group owns more than 800 commercial and industrial properties in 14 countries, representing approximately 100 million square feet, valued at approximately $9.2 billion. www.wpcarey.com
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This press release contains forward-looking statements within the meaning of the Federal securities laws. A number of factors could cause the company's actual results, performance or achievement to differ materially from those anticipated. Among those risks, trends and uncertainties are the general economic climate; the supply of and demand for office and industrial properties; interest rate levels; the availability of financing; and other risks associated with the acquisition and ownership of properties, including risks that the tenants will not pay rent, or that costs may be greater than anticipated. For further information on factors that could impact the company, reference is made to the company's filings with the Securities and Exchange Commission.
